The latest March 2020 news from Moore Green Chartered Accountants in Sudbury
6th March 2020
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In this month's News Blogpost from Moore Green... Coronavirus Sick Pay changes, off-payroll working rules, potential tax rises and more


Coronavirus measure: Statutory Sick Pay from day one
The Prime Minister, Boris Johnson, has announced that employees will be entitled to Statutory Sick Pay (SSP) from day one when self-isolating.
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Review confirms off-payroll working rules to go ahead from April 2020
The government has confirmed that reforms to off-payroll working rules for the private sector will go ahead from 6 April 2020.
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IFS calls for Chancellor to raise taxes in upcoming Budget
The Institute for Fiscal Studies (IFS) has urged Chancellor Rishi Sunak to use the forthcoming Budget to raise taxes.
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Minimum Wage increases
The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees.
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Advisory fuel rates for company cars
New company car advisory fuel rates have been published which take effect from 1 March 2020.
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Don't forget to make tax efficient investments ahead of the tax year end
With the end of the tax year looming there is still time to save tax for 2019/20.
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Freeports
The government has launched a consultation on proposals to create up to ten freeports across the UK.
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Additional financial support for flooding victims
The government has pledged thousands of pounds in additional financial support for victims of the recent floods.
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If you have any accountancy issues, questions or problems, please get in touch with Moore Green here. They're a friendly bunch, who are here to help

 

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Hello! I'm Penny from thebestof Sudbury, shouting about the best local businesses from Hadleigh through the Clare. When I'm not doing that, you'll find me knitting socks or tending to my 6 chickens

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